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Well I'm happy....
The commentators curse Goofed!!!
I was working all day and just occasionally scanning the SP. I thought to myself 'hmmmm Billy big bits currently needed....' Then I read the board and the excellent posts and I realise that big bits aren't needed, it's just patience to ride out the current bumpy road because the market is playing their game. Whatever that game may be?
Tough to watch the profit dripping away for now but when you see what is going to happen over the next three months, then the rest of 2021 and then 2022, you know it's all good in TXP world.
Oil up over $70 this morning. All the stars are aligning.
Oil price even.....another coffee please....
Big jump in the oil price this morning. Up $1.19 to $70+. Nice.
Thanks RetFund, I think all is good in the TXP world.
I felt a little disappointed yesterday, I think a lot of us did. I don't pretend to know the ins and outs of what TXP do on a daily basis and I know I couldn't do better, so I am not holding onto too much disappointment in the way things have happened, or at least how we as a board of PI's, perceive has happened. I think I am right in my reading of the board that a lot of us think that the update on the delays could possibly have been handled better? However, we move on.
The real shame for me is that the excellent reserves updates would surely have given the SP a boost and that opportunity has been lost and a whopping 8p was taken away. A small road bump in the long run I'm sure but painful to watch yesterday.
Having read the board today, chatted this side with Mrs Photo....a lot of chatting all things TXP, I am confident enough to state that I am still in the 'firm' holding group of TXP.
In PB and the Mighty TXP I trust!! £3 here we come!!
Sorry, the question is really the following. From what PB has said in the past, does anybody know if the other zones safe and commercial or is there no way of knowing if our ‘world class’ asserts are commercial until further testing?
Today’s RNS showed that the 63ft zone was uncommercial and the SP took the brunt of that news. Regarding the remaining zones in both Cascudura and Chinook, could they also be uncommercial or are they safe and therefore commercial?
We've had better days but there you go.
Have a great weekend all. Time to light the braai and have a rum....it's 6pm somewhere.....
I'm not holding as many as I would like in either Goofedagain (hindsight hey). What I do hold though, is a completely free ride in TXP (dream catcher levels for my own life expectations) and if JOG can maybe get to £4 then that would be a nice payday. Nothing exceptional, or even close to life changing, but a great boost to the fund.
I said the other day that due to our photography business being on the back burner, Mrs Photo and I restarted our handyman business. Today we were under a decking strengthening it for a jacuzzi. As I scrambled in the mud, getting cement dust in my eyes and not being taller than 2 foot for most of the day, I thought to myself 'I'll miss this when TXP comes in......'
Gamflin, thanks for that. Xav left me a message? Really? Blimey....this week I've been mentioned by Bernieman in the same breath as Danawinner and now Xav is leaving me messages? What next? PB inviting me to Trinidad to take photographs of the pipeline? I will PB if you are reading this....just for you.....
£3 was always the dream but to be honest I don't think I can sell. I have no idea about how to calculate the true potential of a company, but my best guesstimate for TXP is £5+ within the year of 2022. £3 fulfils many dreams for Mrs Photo and I but £5 would be absolutely amazing!! I am trying not to dream bigger.....
Without cross ramping, my other big share, JOG, is also coming good, so between the two of them I am very happy currently.
Desmond, I’d say within the next month, £2 for sure. Just a gut feeling but TXP always seems to climb after an RNS. I think the next RNS will be a beauty!! PB lining up the interview for the 10th of this month and we are due some news. Are the stars aligning....again? I think they are....
All assuming the testing wasn’t delayed of course?
Bernieman, your post gave me a good laugh!! I’m just glad that PB’s interview is on the 10th of March and not the dreaded 15th.....gulp.
Hey Simon, I thought you had changed your name for a moment. How are things? All good I hope.
When TXP hits the £3 I shall hang up my work boots and buy some very comfortable dancing shoes. I still think £3 will happen before the end of 2021.
Dancing shoes? Have you changed your name?
Well Bernieman, I'm humbled by your words, thank you. Danawinner is a different level though.
Honestly, up until 2019, Mrs Photo and I covered 467 weddings in 10 years. Last year we shot two and this year we haven't shot any. Left on the books, we have two before September and then it's busy until November. 2022 is looking good though. We diversified and restarted our handyman business, it's called Just Jobs as people always say 'James, can you just do.....' That is keeping us busy 5 days a week currently, but we could do 7 if we wanted to, it's that busy!!
I have also become a First Aid tutor and that keeps me busy 2 days a week. I have 4 courses next week and it's getting busier. I need to become an octopus to keep up!!
So my TXP monitoring has taken a back seat for now. I shall return and hopefully watch my 'mistake' make me rich!!
Did I see somebody mention that PB has an interview lined up?
It’s the same every Saturday, I just don’t understand it?